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Revolut Group Holdings Ltd, doing business as Revolut, [2] is a British multinational neobank and fintech company that offers banking services for individuals and businesses. [3] The company was founded in July 2015 by British-Russian businessman Nikolay Storonsky and British-Ukrainian software engineer Vlad Yatsenko and operates in 48+ countries.
In January 2019, the German direct bank N26 overtook Revolut as the most valuable mobile bank in Europe with a valuation of $2.7 billion and 1.5 million users. [22] [23] Following is a list showing the share of people using mobile banking apps during the last three months in selected countries worldwide in 2014.
The App Store is a digital distribution platform which allows users to browse and download apps developed with Apple's iOS Software Development Kit. The App Store opened on July 10, 2008, with the release of IPhone OS 2 , launching with 500 applications available.
A licence means the company will be able to hold customer deposits, and offer lending products like credit cards, personal loans, or mortgages.
British-based digital banking app Revolut is launching a new service allowing users to book travel accommodation and receive up to 10% in cashback in its first non-financial or insurance product ...
It is a major victory for Revolut, one of a handful of financial services apps - commonly known as fintechs - to emerge in Britain over the last decade, offering services without physical branches.
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